Global Trade Alert
Global Trade Alert

Indonesia: Government provided a capital injection of IDR 282.4 billion to Perum Pengangkutan Penumpang Djakarta

Announcement

18 Jan 2023

In January 2023, the government of Indonesia injected IDR 282.4 billion (USD 18.63 million) into Perum Pengangkutan Penumpang Djakarta (Perum PPD) in the form of state equity participation to improve the capital and business capacities of the company.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Jan 2023

Revocation date:

No revocation date

Updated: 18 Jan 2023
Capital injection and equity stakes (including bailouts) In force

On 18 January 2023, the government of Indonesia issued Government Regulation No. 3/2023, injecting a toal of IDR 282.4 billion (USD 18.63 million) into Perum Pengangkutan Penumpang Djakarta (Perum ...

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